DisCos

Minister tasks DisCos, GenCos on improved electricity

The Minister of Power, Mr Adebayo Adelabu, has urged the Generating companies (GENCOs) and the Distribution companies (DISCOs) to improve…

1 year ago

DisCos approach NERC for electricity tariff increase

Electricity Distribution Companies (DisCos) in the country have approached the Nigeria Electricity Regulatory Commission (NERC) for tariff increase. Condemnation had…

1 year ago

NLC to FG: Shelve proposed electricity tariff hike

The Nigeria Labour Congress (NLC) has called for the shelving of the proposed plan of electricity tariff hike by July…

2 years ago

DisCos collected N247.3bn from electricity customers in 3 months

The Electricity Distribution Companies (DisCos) collected revenue of N247.33 billion from consumers in the first quarter (Q1) of 2023, according…

2 years ago

Banks get guidelines to sell 60% shares in DisCos

The Bureau of Public Enterprises (BPE) has issued guidelines to the banks/lenders for the sale of their 60% shares in…

2 years ago

DisCos record N543bn revenue loss in 2020

The Nigerian Electricity Regulatory Commission (NERC) report has indicated that 11 distribution companies (DisCos) collected only N370 billion while N543…

2 years ago

FG receives update on takeover of 4 DisCos

The National Council on Privitisation (NCP), chaired by Vice President Yemi Osinbajo, has received an update on the takeover of…

2 years ago

FCCPC: It’s illegal to disconnect electricity without 10-day notice

The Federal Competition and Consumer Protection Commission (FCCPC) has said it is illegal to disconnect a consumer from source of…

2 years ago

Fidelity Bank, AMCON take over 4 DisCos over debts

Fidelity Bank has taken over the boards of Kano Electricity Distribution Company (KEDCO, Benin, Benin Electricity Distribution Company (BEDC), and…

2 years ago

NERC: Nigerians’ll enjoy improved power supply from July 1

Nigerians will witness improved power supply from July 1 following renewed efforts by industry stakeholders. Chairman, Nigerian Electricity Regulatory Commission…

3 years ago

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